Tegna Inc. and Standard General L.P. announced this morning that Tegna and an affiliate of Standard General have entered into a definitive agreement under which Tegna will be acquired for $24 per share in cash. The transaction has an equity value of approximately $5.4 billion and an enterprise value of approximately $8.6 billion, including the […]
The ownership transfer is expected to follow the completion of the sale of WFAA's current TEGNA parent company to Standard General L.P. for $5.4 billion